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Old 02-24-2003, 03:16 PM   #1
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Angry Us $ getting weaker again !

Shit just got 147.93 for a US buck, Not long ago it was more like 1.60
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Old 02-24-2003, 03:24 PM   #2
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yeah, that and the Loonie is gaining ground, bit by bit.

Was funny, the gov't takes flack for so long that the $ is not worth nuthin... and now it's picking up and people get mad at the gov't.

We're gonna lose so much income, cause the US can pay Canadians cheaper, and buy stuff here... cause their $ is worth so much more.

If it balances out.... then... why would the US need to spend their money here?
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Old 02-24-2003, 03:44 PM   #3
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the funniest part is think about the cost of eating at mcdonalds in both countries....it cost me 7-8 canadian to eat...a combo and usually a cheeseburger as well

it also costs me 7-8 american to eat at mcdonalds....just food for thought
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Old 02-24-2003, 03:52 PM   #4
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When I started cashing my first cheques from this business the US dollaar was worth $1.46 Cdn. To me, anything over that is gravy, but I can see where it sucks for us Canadians seeing the value drop from $1.60 down to what it is now.

Actually, at one point it hit $1.62, and on that day I just happened to shift a few grand from my US account to my Cdn savings account. That was....sweet.




I remember back in the early 70's, when the Cdn dollar was worth $1.10 US. When vacationing in the States, my mom would send me to exchange a dollar for her, and she'd always let me keep that extra dime. That was heaven.
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Old 02-24-2003, 05:00 PM   #5
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The Pacific Peso is not much chop either.
2 years ago I was getting AUD 2.05 for UDS 1.
Banked 7K last thursday @ AUD 1.69 & today its AUD 1.65.
The currency is well over inflated, but the international movers & shakers will be soon be getting in for the kill, then it will drop to 52 cents approx. where it belongs.
The other strong point in our favour is while our fool of a PM is posturing on the world stage the AU economy is faltering & the drought isn't helping much either.
The economy will start loosing steam soon.
Roll on the good times !
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Old 02-24-2003, 06:37 PM   #6
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I think the Canadian dollar is getting stronger !
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Old 02-24-2003, 07:26 PM   #7
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Quote:
Originally posted by Dugmor
I think the Canadian dollar is getting stronger !
I hope so...Maybe it'll soon be accepted everywhere in Canada...lol
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Old 02-24-2003, 11:15 PM   #8
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Quote:
Originally posted by cdsmith
When I started cashing my first cheques from this business the US dollaar was worth $1.46 Cdn. To me, anything over that is gravy, but I can see where it sucks for us Canadians seeing the value drop from $1.60 down to what it is now.

Actually, at one point it hit $1.62, and on that day I just happened to shift a few grand from my US account to my Cdn savings account. That was....sweet.




I remember back in the early 70's, when the Cdn dollar was worth $1.10 US. When vacationing in the States, my mom would send me to exchange a dollar for her, and she'd always let me keep that extra dime. That was heaven.
I remeber those days down in Fargo or Grand Forks.
Went through the same thing. Used to use the extra money to play pinball.
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Old 02-24-2003, 11:23 PM   #9
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Quote:
Originally posted by cool1
Used to use the extra money to play pinball.
oooyeah.


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Old 02-25-2003, 12:07 AM   #10
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I remember the good old days of going across the border to Montana and everyplace from the border down to Great Falls accepted Canadian money at par. Those days are long gone though. And now that I get checks in US bucks I want them to STAY long gone dammit!
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Old 02-25-2003, 12:36 PM   #11
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Quote:
Originally posted by wolfie
The Pacific Peso is not much chop either.
2 years ago I was getting AUD 2.05 for UDS 1.
Banked 7K last thursday @ AUD 1.69 & today its AUD 1.65.
The currency is well over inflated, but the international movers & shakers will be soon be getting in for the kill, then it will drop to 52 cents approx. where it belongs.
The other strong point in our favour is while our fool of a PM is posturing on the world stage the AU economy is faltering & the drought isn't helping much either.
The economy will start loosing steam soon.
Roll on the good times !
Looks like polititians are same the world over ! Our "Fool of a Pm" is doing the same thing, and giving away the store just to build himself a Legacy! I wish he'd just say
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Old 02-25-2003, 12:38 PM   #12
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Quote:
Originally posted by Dugmor
I think the Canadian dollar is getting stronger !

Not that I dont root for all things Canadian, I much prefer the dollar stay at the previous levels ! Much better for all of us here.
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Old 02-25-2003, 02:08 PM   #13
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The Swiss Franc is too stable... you know, we live mainly off exports... 2 years ago it was USD 1 : CHF 1.80... now it's like USD 1 : CHF 1.45

It really sux! The national bank should print more money and produce a weaker Swiss Franc. The export will benefit from it and I will also!
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Old 02-25-2003, 02:11 PM   #14
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just read this on CNN
http://money.cnn.com/2003/02/25/news...umer/index.htm
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